Lithuania's Ministry of Finance has issued a release on a plan submitted on 16 March 2020 for public health and the national economy during the coronavirus (COVID-19) pandemic. With respect to business and tax measures, the release includes the following:
The plan provides for immediate tax loans, deferred payments or payment in instalments in accordance with the agreed schedule without interest; stopping recovery actions on the basis of criteria of reasonableness; exemption of taxpayers fr…